Backtest Technical Indicators

As traders, we know how important it is to backtest our ideas with precision and flexibility when analyzing trading strategies. The 0DTE Backtester enables us to backtest 0DTE and next-day options strategies by leveraging 1-minute historical data.

The backtester includes multiple technical indicators so we can evaluate a strategy's pervasiveness in multiple market environments.

Traders often have a checklist of their favorite entry and exit criteria for positions. Research tools should be no different. The backtester includes multiple entry and position criteria, including VIX, IV Rank, daily change %, reward/risk ratio, bid/ask spread filter, and much more.

We can also mix and match one or more technical indicators for ultimate customization and detail:

• ADX (14)
• CCI (20)
• CMO (9)
• MACD (12,26,9)
• Momentum (10)
• RSI (14)
• Stoch (14,3,3)
• Stoch RSI (14,14,3,3)

* values inside parentheses are the indicator's lookback period. These are default values and are based on a daily timeframe.

We can easily compare and combine multiple backtests to see how adding, removing, and modifying indicators can impact a strategy's performance.

Plus, don’t forget that you can always create a bot from any backtest to instantly automate your ideas!